Save Article

Tech-Firm Profit Worries
Weigh on Small-Cap Shares

By

Larry Bauman and

John Shipman Dow Jones Newswires

Updated Nov. 22, 2000 5:57 p.m. ET

NEW YORK -- Nasdaq and small-capitalization stocks fell sharply, with both groups extending their losing streaks.

Both the Nasdaq Composite Index and the Russell 2000 small-cap index posted steeper declines than the other major stock-market measures. The Nasdaq composite has registered losses in five straight sessions, and the Russell 2000 has posted declines on four of the past five trading days.